Black families in these 10 cities doing best economically — but they aren’t exactly rich

Black family toastingThe Atlanta Journal-Constitution recently published a survey of the top 10 U.S. cities in which African Americans are doing the best economically.
The ratings were based on median household income, home ownership rate, and the percent of those self-employed.

Here are the top 10:

  1. Atlanta, GA – Median household income: $41,047. Home ownership rate: 51.5 percent. Self-employed: 17.1 percent.
  2. Raleigh, NC – Median household income: $42,285. Home ownership rate: 46.7 percent. Self-employed: 12.8 percent.
  3. Washington, DC – Median household income: $64,896. Home ownership rate: 49.2 percent. Self-employed: 15.1 percent.
  4. Charlotte, NC – Median household income: $36,522. Home ownership rate: 43.9 percent. Self-employed: 13.6 percent.
  5. Baltimore, MD – Median household income: $47,898. Home ownership rate: 46.2 percent. Self-employed: 15 percent.
  6. Virginia Beach-Norfolk, VA – Median household income: $40,677. Home ownership rate: 43.8 percent. Self-employed: 13.2 percent.
  7. Orlando, FL – Median household income: $33,982. Home ownership rate: 43.8% percent. Self-employed: 11 percent.
  8. Miami, FL – Median household income: $36,749. Home ownership rate: 44.9 percent. Self-employed: 11.2 percent.
  9. Richmond, VA – Median household income: $38,899. Home ownership rate: 47.8 percent. Self-employed: 12.7 percent.
  10. San Antonio, TX – Median household income: $41,681. Home ownership rate: 40.8 percent. Self-employed: 9.3 percent.

Read more at www.ajc.com/gallery/news/10-cities-where-african-americans-are-doing-best-e/gCQpt/

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